Carrefour to sign Bangladesh fire and building safety accord

PARIS Tue May 14, 2013 12:02pm EDT

PARIS May 14 (Reuters) - Carrefour plans to join other groups in signing an accord on fire and building safety in Bangladesh, the French retailer said on Tuesday.

The accord is aimed at preventing another disaster like last month's factory building collapse that killed more than 1,100 people.

On Monday, the world's two biggest fashion retailers, Inditex and H&M, along with several other companies, backed the accord.

Carrefour also said in the statement that it had had "no commercial relations" with the local companies that were operating in the collapsed building. (Reporting by Dominique Vidalon; Editing by James Regan)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.